Editor's Note: We Have a No Jobs Problem!
"...the idea that you can just have better training
and then there are all these jobs,

all these places where there are shortages and
we just need the trained people is fundamentally an evasion." 

The core problem is that there aren't enough jobs.
If you help some people, you could help them get the jobs,
but then someone else won't get the jobs. "
 Lawrence Summers, The Future of Work (2015)

  Academic Education is Not the Answer
About 25% of Jobs Will Require a Bachelor's or More

 

Existing and Future Entry Level Jobs by Education and Training
	2014 Employment
Typical entry-level education	Employment Need Rank	Number in millions		Percent distribution	Expected  Created Jobs 2014-2024  millions	% OF JOBS
High school diploma or equivalent	1	55		36	20		46%
No formal educational credential	2	41		27	11		25%
Postsecondary no degree award	4	9		6	5		11%
Bachelor's degree	3	32		21	7		16%	98%
Doctoral or professional degree	5	4		2	few	43		few
Master's degree	6	2		2	few			few
Some college, no degree	7	4		4	few			few
Associate's degree	8	3		2	few			few
Total, all occupations	NA	151		100.0	NA
Footnotes:   1  Data are from the Occupational Employment Statistics program, U.S. Bureau of Labor Statistics. Note: The occupational employment and growth rates shown in this table include projected growth in all jobs from 2014–24, not just entry-level jobs. Entry-level education reflects 2014 requirements—BLS does not project educational requirements. Source: Employment Projections program, U.S. Bureau of Labor Statistics					Editor's Note: Don't be surprised in Masters degrees drop as being half an expert is not enough. Especially given some of the easy programs and few skills of prticipants. My guess is many of the CC certificate programs will become associate degrees as professionals try to limit competition.

Presidential Candidate Solutions

HC Wants Workforce Skills and Job Training
Every American should be able to learn the skills
they need to compete and succeed.
Source

DT Wants to Renegotiate Free Trade
To Bring Back Assembly Jobs from China, Mexico, Japan and elsewhere.

Problem: How will this help? More Low Paying Jobs?

Higher Paying Jobs Mean Higher Product Price or Less to Owners and Managers.
Years ago Detroit faces this problem with Less Quality,
Fewer Workers, and Union Acquiesced.

See Free Trade Solution or Problem?
 

Good News

Well-Being is More Important Than Income

1) Our society's stability has allowed U.S. productivity consistently increased which is a key to individual well-being. Think how the public safety net has increased since the 1930's and the success of the federal children's bureau. Who wants to give up SS and Medicare? Why do some always want to cut the other guys government benefits. Think economic distress in Russia, Europe, and even Japan and Germany.
2) Scientific achievements have continuously added to citizen well-being. Think public health, smart phones, streaming audio-video, Gillette Stadium ... See Health Problems Solved
3) Personal Income which is a function of nature and nurture has increased continuously if not always rapidly. Think Russia, China, and Europe's really slow recovery from the Great Recession. 
Source Is The Country In Trouble?

See
This is the Greatest Period in World History/
Ten Reasons to be Bullish on U.S. Economy
Where Has All the Income Gone by the Minneapolis FED disputes the stagnation of income theories believing the medium household compensation is the appropriate measure. It calculates an increase in median compensation of between 44 add 62% depending on household type. 

Editor's Note: Were it not for advancements made over the last 100 years the problem of no jobs would rank with those created by the great farm migration to the cities that began 150 years ago.

Recent Salary Data

In it's most recent survey, the National Association of Colleges and Employers found that for 10 broad degree categories ranging from engineering to communications, 2016 graduates are projected to have an average salary of $50,556. That’s up 5% from 2014, when new grads earned an average of $48,127

Mid Career Salaries by Major